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bet365 bonus code CTNEWS unlocks $1K insurance or $150 for NFL, any sport this weekend

Action Network
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Miami Dolphins quarterback Tua Tagovailoa during an NFL football game, Sunday, Dec. 31, 2023, in Baltimore.

Miami Dolphins quarterback Tua Tagovailoa during an NFL football game, Sunday, Dec. 31, 2023, in Baltimore. (Matt Rourke/AP)

If you’re in Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio or Virginia you can pick between one of the two promotions available with the bet365 bonus code CTNEWS: either a $1K bet insurance offer (generally called the First Bet Safety Net promotion) or a bet $5, get $150 promotion.

  • First Bet Safety Net: If your first bet settles as a loss, you’ll get your stake refunded in bonus bets, up to $1,000. This is an insurance promotion, so you’ll ONLY earn bonus bets if your first bet loses.
  • $150 bet and get: You’ll get $150 in bonus bets if you PLACE any cash wager of at least $5. Notably, you can earn bonus bets from this offer regardless of how your first bet settles.

Both offers are accessible through the same bet365 landing page and using the same bet365 bonus code so you can click the module below to get started with either promotion.

bet365 Offer Details

Both of these offers have unique values and structures but there are some similarities that unite them both. For one thing, both offers are limited to new users only in Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio and Virginia.

So if you’ve already signed up with bet365 you’re out of luck. That said, there’s a complete list of the best sportsbook promo codes for you to review with a variety of different sportsbook options.

In six out of the seven legal bet365 states, the legal betting age is 21 or over and only players 21 or older are eligible to claim either promotion. However, based on state regulations in the Bluegrass State, anyone who is 18 or older can bet. Thus, in Kentucky the legal betting age is 18 or older; in all other states, the legal betting age is 21 or older.

First Bet Safety Net

Since this is a bet insurance offer, you’ll ONLY get bonus bets if your first bet loses. If so, you’ll get your entire stake refunded in bonus bets that can be used for any additional wager on the platform but cannot be withdrawn or cashed out without being wagered.

We’ll use an example from the NFL slate this weekend to demonstrate.

If you bet $900 on the Dolphins at +136 to win against the Bills.

  • Fins win: If the Dolphins win, you’d earn $1,224 in profit and keep your $900 stake but would not get any bonus bets. Obviously, that profit can be used to wager again or can be cashed out
  • Fins lose: If the Dolphins lost, you’d get $900 in bonus bets credited to your account.

Unlike profits, bonus bets cannot be cashed out without being wagered. So if you do get refunded your initial stake, you’ll need to bet again to cash out. Critically though, these bonus bets do not expire and can be broken down into smaller amounts for easier wagers.

Bet $5 Get $150

This promotion is a bit more direct. Once you sign up, you’ll need to make a cash deposit of at least $10 to register your account.

From there, you’ll need to bet at least $5 in cash to trigger this promotion. Regardless of how that bet pans out, you’ll get $150 in bonus bets.

There is one critical condition to keep in mind, only wagers with -500 odds or longer are applicable so -350 would work but -750 would not. The Dolphins moneyline used as the example above would obviously fit this condition.

To be sure you get the most value out of this offer, double check your odds before placing your first bet.

How to Sign Up with bet365

  1. Download the bet365 app or go to bet365.com if you’re wagering from a desktop. You will not be able to access the website or app if your geolocation services are not active or if you’re using a VPN.
  2. Enter your relevant personal details including email address, birth date and address. It is entirely legal to sign up in a state even if you’re just traveling there so enter your real address if you’re out of state. You’ll still be able to withdraw any earnings when you get back to your home state. As long as you’re physically located in a legal sports betting state and have your geolocation services on, you’ll be allowed to wager.
  3. Use the bet365 bonus code CTNEWS while checking out. You’ll be able to select your preferred offer from the bet365 landing page.
  4. Deposit at least $10 in cash using a debit card, bank card or electronic transfer (review this page for more details about acceptable payment methods)
  5. Place a cash wager of at least $5 to trigger the bet and get, or go big and place a $1K bet to claim the First Bet Safety Net offer.